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Snowline Gold Introduces 100% Owned Ursa Gold, Silver and Base Metals Project

Snowline Gold Introduces 100% Owned Ursa Gold, Silver and Base Metals Project
Snowline Gold Corp. is pleased to introduce its 100% owned, 7,755 hectare Ursa gold and base metals project in the Selwyn Basin, Yukon Territory. Ursa covers two distinct geochemical trends: a 9 km trend of elevated to anomalous gold in stream sediment and soil samples, and a roughly parallel 14 km trend of elevated to highly anomalous zinc accompanied by elevated silver, copper, molybdenum, nickel and vanadium. The …
9 kilometre trend of elevated to anomalous gold geochemistry associated with pyrite in black shales
Geologic setting analogous to Sukhoi Log (67 Moz Au) gold deposit
Separate, 14 kilometre multi-element silver and base metal trend with stream sediments to 3.4% Zn ....

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Snowline Gold Corp says Ursa gold and base metals project in the Yukon key to 2021 its exploration plans

Snowline Gold says Ursa gold and base metals project is key to 2021 exploration plans
Ursa covers two distinct geochemical trends: a 9 kilometer (km) trend of elevated to anomalous gold in stream sediment and soil samples and a roughly parallel 14 km trend of elevated to highly anomalous zinc
Ursa’s proximity to Snowline’s flagship Rogue and Einarson projects allows for efficent exploration during the 2021 field season, the company said
Snowline Gold Corp (CSE:SGD) (OTCPINK:SNWGF) has released an update introducing its 100%-owned, 7,755-hectare Ursa gold and base metals project in the Selwyn Basin, Yukon Territory.
Ursa covers two distinct geochemical trends, the company said, a 9 kilometer (km) trend of elevated to anomalous gold in stream sediment and soil samples and a roughly parallel 14 km trend of elevated to highly anomalous zinc accompanied by elevated silver, copper, molybdenum, nickel and vanadium. ....

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Russia to become one of world's largest gold and platinum group metals producers within next decade – Resource World Magazine

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Russia plans to become one of the world’s largest producers of gold and platinoids within the next decade by starting development of the Sukhoi Log and Fedorova Tundra Projects – two of the country’s largest resource-rich regions in terms of gold and platinum group metals reserves respectively, according to recent statements by senior state officials and analysts.
Regarding gold, particular attention will be paid to the development of Sukhoi Log, the world’s largest undeveloped greenfield gold project, located in the Irkutsk region of Russia.
So far, development of the field has been advancing at a slower pace, although this may change. Development of Sukhoi Log will be carried out by Polyus, the largest gold miner in Russia. ....

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UPDATE 1-Russia's Polyus becomes world's largest gold miner by reserves

UPDATE 1-Russia s Polyus becomes world s largest gold miner by reserves
Reuters
7 hrs ago
MOSCOW, April 29 (Reuters) - Russia s largest gold producer Polyus on Thursday said that its total proved and probable ore reserves had risen by 71% to 104 million troy ounces of gold at the end of 2020 due to inclusion of reserves at its giant Sukhoi Log deposit.
Polyus is now confirmed to have the largest reserve base globally, with approximately 97% of these reserves attributable to our operating mines and our flagship greenfield project, Sukhoi Log, Polyus CEO Pavel Grachev said in a statement.
Polyus was previously the world s third-largest gold miner by reserves behind Newmont and Barrick. ....

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Polyus increases gold reserves by 71% to 104 mln ounces in 2020

Thus, Polyus has confirmed its status as the world s largest gold reserves company
MOSCOW, April 29. /TASS/. In 2020, Polyus increased its proven and probable gold reserves by 71% to 104 mln ounces, the miner said in a statement on Thursday. Thus, Polyus has confirmed its status as the world s largest gold reserves company.
The company announced its ore reserves and mineral resources estimates as of December 31, 2020, in accordance with JORC Code 2012. The company’s total proved and probable ore reserves have increased 71% to 104 mln ounces of gold, compared to 61 mln ounces of gold as of December, 31, 2019.
According to the report, The updated estimate primarily reflects the inclusion of Ore Reserves for Sukhoi Log as well as additions at several operating mines, derived from a comprehensive drilling program across the Company’s asset portfolio launched in 2018. The Measured, Indicated and Inferred Mineral Resources are estimated at 204 mln ounces of gold, compar ....

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